IFSC Code, MICR Codes for FEDERAL BANK in RAJASTHAN - KOTA - KOTA - BADNAGAR

FEDERAL BANK RTGS HO Branch in KOTA - Address, IFSC, MICR Code


IFSC Code

FDRL0002225

MICR Code

WAITING

Branch

BADNAGAR

Contact

2420111

Address

KOTA RAJSTHAN324005 INDIA

City

KOTA

District

KOTA

State

RAJASTHAN





What is IFSC Code of FEDERAL BANK situated at BADNAGAR- RTGS-HO?
IFSC Code of FEDERAL BANK situated at BADNAGAR - RTGS-HO is

FDRL0002225

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.